Is this a good summary of the financial mess?

[d000hg]

Eurozone crisis: We're all dooomed! Here's why ? The Register

I'm not really sure what the Reg has got to do with this, but what do you reckon to this explanation and the opinions attached?

Interesting also they they let a UKIP supporter post on the site and openly talk about UKIP.

[russell]

Eurozone crisis: We're all dooomed! Here's why ? The Register

I'm not really sure what the Reg has got to do with this, but what do you reckon to this explanation and the opinions attached?

Interesting also they they let a UKIP supporter post on the site and openly talk about UKIP.

It's pretty spot on, however anyone could have gleaned that from an episode of Newsnight.

[suityou01]

Eurozone crisis: We're all dooomed! Here's why ? The Register

I'm not really sure what the Reg has got to do with this, but what do you reckon to this explanation and the opinions attached?

Interesting also they they let a UKIP supporter post on the site and openly talk about UKIP.

It's reasonable but doesn't explain how the contagion bit works. Or why the EFSF is a crock of tulip. Or what is driving up the bond markets. Or why the ECB is doing the bare minimum.

Very Janet and John stuff really, so for you, yes it is a good summary

[Signo_cypher]

Just a thought for Friday

Does anyone think that this will get a whole lot worse to the point where the whole system comes down and a new one steps forward to replace it? and not in a good way..... A bit conspiracy theory I know......

[DodgyAgent]

Eurozone crisis: We're all dooomed! Here's why ? The Register

I'm not really sure what the Reg has got to do with this, but what do you reckon to this explanation and the opinions attached?

Interesting also they they let a UKIP supporter post on the site and openly talk about UKIP.

It doesnt take a rocket scientist to come up with this, it is a shame that those in charge do not see it as it is. The only people who should be trusted with finance are people who have to wake up each week knowing that they have a payroll to meet and bills to pay - not some entitled socialist building a name for himself.

[suityou01]

Does anyone think that this will get a whole lot worse to the point where the whole system comes down and a new one steps forward to replace it? and not in a good way..... A bit conspiracy theory I know......

Hoah yes...

Not until next spring though.

[DodgyAgent]

Does anyone think that this will get a whole lot worse to the point where the whole system comes down and a new one steps forward to replace it? and not in a good way..... A bit conspiracy theory I know......

Why would it not get worse? who in their right mind is going to risk buying government debt when it is about to go bust? Who in their right mind would lend money to someone with a track record of becoming insolvent? If one Eurozone country can go bust then why would anyone invest in other countries with similar debts.
the spiral has begun mark my words

[suityou01]

Why would it not get worse? who in their right mind is going to risk buying government debt when it is about to go bust? Who in their right mind would lend money to someone with a track record of becoming insolvent? If one Eurozone country can go bust then why would anyone invest in other countries with similar debts.
the spiral has begun mark my words

Oi wish I wiz clevur loike you Dodgy

[DodgyAgent]

Oi wish I wiz clevur loike you Dodgy

One day son, all this will be yours

[suityou01]

One day son, all this will be yours

The real prowess would be in identifying what the key up and coming events that will lead to this next demise. That would be a real show of knowledge and power.

<Suity in grabbing notepad for his spreadbetting notes mode >

Crack on.